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Cost estimation
Vijay k
Need for cost estimation?
Cost estimation may be needed to
establish a budget for the project or to set
the price for the software for a customer
It can be either,
Top–down estimation.
Bottom-up estimation.
Top-down estimation
Requirement volatility
Organizations charges less to win a
contract and after winning, charges high
for the charges.
Advantage
Advantage of expert judgment, namely ,
experience, also be a obligation…